Tempur Sealy International Inc. (NYSE:TPX) finished Wednesday with an addition of $1.13 to close at $43.90, an upside of 2.64 percent. An average of 1,491,880 shares of common stock have been traded in the last five days. There was a fall of -$0.31 in the past week, and it reached a new high 35 times over the past 12 months. The last 20 days have seen an average of 2,110,895 shares traded, while the 50-day average volume stands at 1,808,462.
TPX stock has decreased by -5.08% in the last month. The company shares reached their 1-month lowest point of $42.01 on 08/22/23. With the stock rallying to its 52-week high on 07/27/23, shares of the company touched a low of $23.62 and a high of $47.17 in 52 weeks. It has reached a new high 21 times so far this year and achieved 27.88% or $9.57 in price. In spite of this, the price is down -6.93% from the 52-week high.
Insider Transactions
TPX stock investors should be aware that Tempur Sealy International Inc. (TPX) stock had its last reported insider trading activity 3 days ago on Aug 21. In this transaction, the insider spent $1,225,658. EVP Global Business Strategy, MONTGOMERY DAVID, disposed of 100,000 shares at a price of $45.61 on Aug 10. The insider now owns more than $4,561,452 worth of shares. Prior to that, CEO, North America BUSTER H CLIFFORD III went on to Sale 75,200 shares at $35.82 each on May 31. An amount of $2,693,685 was transacted.
Valuation Metrics
Tempur Sealy International Inc. (TPX) has a trailing price-to-earnings (P/E) ratio of 18.82. The stock’s beta is 1.70. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 1.54, the price-to-book (PB) ratio at 54.88, and the price-to-cash flow ratio at 27.77.
The company has a payout ratio of 17.50%. The company’s most recent quarterly dividend payment was $0.11 a share, without any change from last year. Its latest increase dividend $0.01 reported on Thursday February 9 2023.
Financial Health
The quick ratio of Tempur Sealy International Inc. for the recent quarter was 0.70, and the current ratio was 1.20, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 19.61 and a total debt to equity ratio of 20.14 for the recent quarter. Tempur Sealy International Inc.’s EBITDA margin is 15.98%, while its operating margin for the same period stands at 13.10%. Its gross profit as reported stood at $2.05 billion compared to revenue of $4.92 billion.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Tempur Sealy International Inc.’s return on assets was 9.30%.
Earnings Surprise
For the recent quarter, Tempur Sealy International Inc. had $2.71 billion in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $92.4 million in the quarter, while revenues of $85.3 million were grew 1.95%. Shareholders own equity worth $172.16 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Tempur Sealy International Inc. (TPX) price momentum. RSI 9-day as of the close on 23 August was 47.31%, suggesting the stock is Neutral, with historical volatility in this time frame at 21.93%.
As of today, TPX’s price is $43.03 -0.70% or -$0.31 from its 5-day moving average. TPX is currently trading -5.16% lower than its 20-day SMA and +13.17% higher than its 100-day SMA. However, the stock’s current price level is +15.65% above the SMA50 and +62.71% above the SMA200.
The stochastic %K and %D were 21.08% and 12.83%, respectively, and the average true range (ATR) was 1.12. With the 14-day stochastic at 41.00% and the average true range at 1.14, the RSI (14) stands at 49.39%. The stock has reached -0.81 on the 9-day MACD Oscillator while the 14-day reading was at -1.46.
Analyst Ratings
The consensus rating for Tempur Sealy International Inc. (TPX) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell TPX, while 5 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 6 others rate it as a “buy”.
What is TPX’s price target for the next 12 months?
Analysts predict a range of price targets between $45.00 and $58.00, with a median target of $54.50. Taking a look at these predictions, the average price target given by analysts for Tempur Sealy International Inc. (TPX) stock is $52.13.
